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Question 5 ( 1 point ) : You purchase shares of a mutual fund at a NAV of $ 1 3 . 5 0 ?

Question 5(1 point): You purchase shares of a mutual fund at a NAV of $13.50? share.
At the end of the year, you receive a distribution representing $0.25? share in dividend
income distributions and $0.65/share representing capital gain distributions. At the end
of the year, after the distributions, the NAV is $13.75? share. What was your holding
period return on the investment before any taxes?
a.+1.85%
b.-6.7%
c.+3.7%
d.+6.7%
e. None of the above
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